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2023-03-31-accounts

Reference and Administrative
Details
Reference and Administrative
Details
Page 3
Trustees' Report Page 4
Independent
Examiner's
Report Page 10
Statement ofFinancial Activities Page 11
Balance Sheet Page 12
Notes tothe Financial Statements Page 13

for the ye ar ended 31 March 2023
Unrestricted Restricted Total funds Total funds
funds funds 2023 2022
Note E
Income
Donations
and legacies
3 152,000 2,000 154,000 152,000
Grants
and charitable
contracts 4 1,065 120,218 121,283 98,300
Fees and other income 5,082 5,082 19
Investments
Total income 158,147 122,218 280,365 250,319
Expenditure
Charitable
activities
6 168,240 102,536 270,776 269,420
Total expenditure 168,240 102,536 270,776 269,420
Net income/(expenditure)
year
for the 8 (10,093) 19,682 9,589 (19,101)
Transfer between
funds
Net movement
in funds
for the year (10,093) 19,682 9,589 (19,101)
Reconciliation
offunds
Total funds
brought
forward
117,658 (2,000) 115,658 134,759
Total funds carried forward 107,565 17,682 125,247 115,658

Income from donati ons
and lega
cies
Unrestricted Restricted Total 2023 Unrestricted Restricted Total 2022
E E E
Core Grants
Granada
Foundation 2,000 2,000
Manchester City
Council
Mancnester
50,000 50,000 50,000 50,000
Metropolitan
University 50,000 50,000 50,000 50,000
University of
Manchester
Donated services—
50,000 50,000 50,000 50,000
MCC accountancy 2,000 2,000 2,000 2,000
Total 152,000 2,000 154,000 152,000 152,000

Income from char itable
activities
Unrestricted Restricted Total 2023 Unrestricted Restricted Total 2022
E E E
The Arts Council 85,428 85,428 82,750 82,750
Coridor of light,
earned
income
6,000 6,000
Manchester
Metropoloitan
University 8,300 8,300
National
Lottery
Heritage
Fund
26,490 26,490 9,550 9,550
Ticket sales 1,065 1,065
Total 1,065 120,218 121,283 6,000 92,300 98,300
Fees and other income
2023 2022
E
Corporate sponsorship 3,800
Other income 1,282 19
5,082 19

Analysis ofexpenditur e
o
n charitable
a
ctivities
Tota
I 2023
Total 2022
E E
Community
Engagement
3,495 12,655
Staff costs (programme development) 73,696 71,405
Premises costs 8,050 8,050
Project/artistic
spend
122,181 133,552
General
running/operational
costs 5,674 4,039
Professional
fees
Marketing
5 PR
12,236
34,029
7,597
8,724
Monitoring
and Evaluation
4,950 12,785
Website and social media 1,488 3,990
Governance
costs
Accountancy
Independent
examination
2,800
1,200
2,800
1,200
Other governance
costs
977 2,623
270,776 269,420
2023 2022
E
Restricted
expenditure
102,536 108,374
Unrestricted
expenditure
168,240 161,046
270,776 269,420

Net income/(expenditure)
for the year
This is stated after charging/(crediting): 2023 2022
Depreciation
Independent
examiner's
remuneration
- accountancy
- independent
examination
1,000 1,000

2023 2022
E E
Wages and salaries 75,921 67,320
Social security costs 1,225 1,629
Employers pension contributions 1,591 1,458
SMP recovered (5,041)
Payroll and pension support 648
Staff expenses, training and recruitment 350
73,696 71,405

governmen t
gr
ants
recognised
in th
e accounts were as foll ows:
2023 2022
E
Manchester City Council 50,000 50,000
50,000 50,000

13 Debtors
2023 2022
E
Trade and grant debtors 10,100
Prepayments and accrued income
10,100
14 Creditors: amounts falling due within one year
2023 2022
E
Trade creditors and accruals 27,231 27,833
27,231 27,833

Analysis of mo vements
in
restric ted
funds
5alance at 5alance at
1 April 31 March
2022 Income Expenditure Transfers 2023
E E
The Arts Council 22-23 (2,000) 85,428 (83,428)
The National
Lottery Heritage
Fund 26,490 (15,608) 10,882
Granada Foundation 2,000 (2,000)
NHS WindRush Stories 8,300 (1,500) 6,800
(2,000) 122,218 (102,536) 17,682
Previous Balance at Balance at
reporting
oeriod
1 April
2022
Income Expenditure Transfers 31 March
2023
E
The Arts Council 82,750 (88,984) 6,234
The Arts Council 22-23 (2,000) (2,000)
British Council
The National
Lottery Heritage
Fund 7,840 9,550 (7,840)
(9,550)
7,840 92,300 (108,374) 6,234 (2,000)

5a Iance at
1 April As at 31
2022 Income Expenditure Transfers March 2023
E E E E E
General fund 63,892 158,147 (168,240) 53,799
Designated fund 53,766 53,766
117,658 158,147 (168,240) 107,565
Previous t5alance
at
reporting
Derlod
1 April
2021
Income Expenditure Transfers 31 March
2022
E E E E E
General fund 66,919 158,019 (161,046) 63,892
Designated fund 60,000 (6,234) 53,766
126,919 158,019 (161,046) (6,234) 117,658

Analysis of net assets between
fund
s
General Designated Restricted
fund funds funds Total
E E E
Tangible fixed assets
Net current assets/(liabilities) 53,799 53,766 17,682 125,247
Total 53,799 53,766 17,682 125,247
Previous
reporting
period
General
fund
Designated
funds
Restri cted
funds
Total
Tangible fixed assets
Net current assets/(liabilities) 63,892 53,766 (2,000) 115,658
Total 63,892 53,766 (2,000) 115,658